2024 MAY BE A YEAR OF RECKONING FOR APPLE’S $85 BILLION SERVICES BUSINESS

Summary from the TLDR newsletter

Apple is facing a series of regulatory decisions by US and EU authorities that will determine its future. If Google loses its antitrust trial, it could be forced to stop making regular payments to Apple worth an estimated quarter of the annual revenues earned by Apple's services arm. Apple and other tech giants are being forced to change their app store policies to allow sideloading of apps. Both of these changes will have large impacts on Apple's revenue.